Metallis Resources Inc. · TSXV:MTS
Metallis Resources — Investor Presentation (March 2024)
29 slides from Metallis Resources's investor presentation, March 2024
Slide 1: Kirkham Project, Golden Triangle, British Columbia
KIRKHAM PROJECT GOLDEN TRIANGLE, BRITISH COLUMBIA MARCH, 2024 TSX-V: MTS OTCQB: MTLFF FSE: 0CVM
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT TSX-V: MTS Certain statements herein may contain forward-looking information within the meaning of applicable securities laws. Forward- looking information appears in a number of places and can be identified by the use of words such as “intends” or variations of such words and p
Slide 3: Our Opportunity – Where & Why?
OUR OPPORTUNITY – WHERE & WHY? TSX-V: MTS PRIME REAL ESTATE – ELEPHANT COUNTRY ▪ Many world class discoveries in the GT along with recent examples of acquisitions from majors (Exit Strategy) REGIONAL ENDOWNMENT* METALLISRESOURCES.COM ▪ 219 Million ounces of Gold ▪ 89 Billion pounds of Copper ▪ 1,580
Slide 4: Kirkham – In the Company of Giants
KIRKHAM – IN THE COMPANY OF GIANTS TSX-V: MTS THE GOLDEN TRIANGLE • Major discoveries on our doorstep; Eskay Creek, Brucejack, KSM + FeCap, Nickel Mountain, Bronson, SNIP & Treaty Creek METALLISRESOURCES.COM • Majors looking at acquisition opportunities – Newcrest & Newmont • Skeena’s recent purchas
Slide 5: Kirkham – Eskay & Sulphurets Camps
KIRKHAM – ESKAY & SULPHURETES CAMPS TSX-V: MTS KIRKHAM HIGHLIGHTS ▪ The property is 106 km2 and 100% owned by MTS ▪ Hosts >10 km of the “Red Line” ▪ Developing project pipeline METALLISRESOURCES.COM with advanced targets, drill- ready targets, geochemical, geophysical, and geologic targets LOCATION
Slide 6: The Golden Triangle – Jurassic & Triassic
THE GOLDEN TRIANGLE – JURASSIC & TRIASSIC TSX-V: MTS REGIONAL GEOLOGY Eskay Creek Zone ▪ “Red Line” regional scale unconformity ▪ Volcanic hiatus, uplift and erosion, and deep porphyry brought to surface ▪ Tectonism provided plumbing for metal-rich METALLISRESOURCES.COM fluids and intrusions ▪ It’s
Slide 7: Kirkham – Targets & Trends
KIRKHAM - TARGETS & TRENDS THE STORY SO FAR TSX-V: MTS ▪ Metallis’ primary focus has been the Cliff – Miles – Nina – King - Cole ‘Mega Trend’ METALLISRESOURCES.COM ▪ 45 holes in total, most of which have been drilled at Cliff, Miles and Cole areas ▪ Challenging market conditions (raising “drilling”
Slide 8: Regional Geology – Eskay Rift
REGIONAL GEOLOGY – ESKAY RIFT TSX-V: MTS KIRKHAM PROPERTY ▪ The primary control of mineralization at Cliff-Miles is the 11-km long Adam METALLISRESOURCES.COM Fault ▪ The Adam Fault juxtaposes Stuhini and Hazelton rocks ▪ ZTEM in 2022 identified many subparallel and on- trend features descending east
Slide 9: Kirkham Targets – Riddles in the Rocks
KIRKHAM TARGETS - RIDDLES IN THE ROCKS TSX-V: MTS GEOLOGY, GEOCHEMISTRY & GEOPHYSICS ▪ In 2022, ZTEM identified 11 km of subparallel trends spanning North-Northeast across the entire property ▪ The Adam Fault at Cliff-Miles, juxtaposing Stuhini and Hazelton rocks, was the METALLISRESOURCES.COM key t
Slide 10: Hawilson Porphyry Complex & Late Gold – Cliff-Miles-Cole
TSX-V: MTS METALLISRESOURCES.COM HAWILSON PORPHYRY COMPLEX & LATE GOLD - CLIFF-MILES-COLE 10 Kirkham Property – Miles (looking at Drill Hole #43)
Slide 11: A Tale of Two Systems – Part 1
A TALE OF TWO SYSTEMS – PART 1 TSX-V: MTS ▪ Hawilson Porphyry Complex (HPC) is a multi-phase Au-Cu porphyry with the best grades at the south end of Cliff-Miles (Cliff) ▪ Phyllic, Propylitic, and Remnant- METALLISRESOURCES.COM Potassic alteration from the HPC blankets the surface alongside A/B quart
Slide 12: Part 2 – 6.8 km Late Gold Event
PART 2 - 6.8 KM LATE GOLD EVENT ▪ The “Late Gold Event” (LGE), saturated the HPC, its host rocks, and TSX-V: MTS structures with mineralization ▪ “Cherty”-silicification, IP-resistivity highs, multi-phase pyrite and/or pyrrhotite growth, Fe-carbonate, ▪ (R)IRGS-Epithermal pathfinders (Te, Bi, W, etc
Slide 13: Cliff Miles Drill Highlights
CLIFF MILES DRILL HIGHLIGHTS TSX-V: MTS MILES BLOCK CLIFF - BLOCK 2 • KH21-45 – 220 m @ 0.43 g/t AuEq. incl. • KH20-36 – 490 m @ 0.33 g/t AuEq. incl. 43m @ 1.05 g/t AuEq. 56m @ 0.50 g/t AuEq. • 0.34 g/t Au, 0.06% Cu, 0.9 g/t Ag over 220 m, incl. 1 g/t Au, • 0.21 g/t Au, 0.07% Cu, 0.47 g/t Ag over 49
Slide 14: A Second Trend – King East, Cole-East & Louis
TSX-V: MTS METALLISRESOURCES.COM A SECOND TREND - KING EAST, COLE-EAST & LOUIS 14 Kirkham Property – Looking East towards Eskay Mining
Slide 15: King East, Cole East & Louis
KING EAST, COLE EAST & LOUIS TSX-V: MTS A SECOND SYSTEM? ▪ Cliff, Miles, and the Hawilson Porphyry Complex that spans it, all sit alongside the Adam Fault, a structure visible via ZTEM ▪ Multiple similar fault-like structures span the Kirkham property running parallel as well as on- METALLISRESOURCE
Slide 16: A Second Trend - King East
A SECOND TREND - KING EAST TSX-V: MTS GEOCHEMICAL & GEOPHYSICAL TARGET ▪ Multi-element geochemical and geophysical target • Au, W, Se, Th, Sn, U profile • ZTEM fault-like structure METALLISRESOURCES.COM • Au-in-Rocks; • n = 24 > 1 ppm, • n = 37 > 0.5 ppm, • n = 70 > 0.2 ppm • Max 3.17 ppm ▪ Au-in-So
Slide 17: A Second Trend - Louis
A SECOND TREND - LOUIS TSX-V: MTS GEOPHYSICAL TARGET ▪ Large Historical Au-in- Soils Anomaly ▪ 21 samples between 50 METALLISRESOURCES.COM and 100 ppb ▪ 800 m x 600 m and open to the South, West, and East ▪ High-grade rocks on south bank of Terwilligen Creek ▪ Same ZTEM fault structure as King East
Slide 18: Terwilligen and Lyons Creeks – Eskay Potential
TSX-V: MTS METALLISRESOURCES.COM TERWILLIGEN AND LYONS CREEKS- ESKAY POTENTIAL Kirkham Property – Looking West along Terwilligen Creek 18
Slide 19: A Quest for Eskay 2.0
A QUEST FOR ESKAY 2.0 TSX-V: MTS ESKAY CREEK THE PRIZE – AN OVERVIEW MINE ▪ Discovered in 1988, Eskay Creek was once the world’s highest-grade gold mine and fifth-largest silver mine by volume METALLISRESOURCES.COM Lyons Ck. ▪ It took nineteen companies and 57 A A’ years of sporadic exploration to T
Slide 20: Terwilligen Creek West
TERWILLIGEN CREEK WEST TSX-V: MTS MELTING GLACIERS, LOTS OF SMOKE ▪ High-Au in nearly all rocks on all the flanks of Lyons Peak ▪ High As, up to 547 ppm METALLISRESOURCES.COM ▪ Eskay Creek stratigraphy with fossil- ages and U/Pb ages via BCGS ▪ Small receding glacier revealing new ground every day N
Slide 21: Terwilligen Creek West – Geochemical & Geologic Target
TERWILLIGEN CREEK WEST TSX-V: MTS GEOCHEMICAL & GEOLOGIC TARGET ▪ High Au and As above Terwilligen Creek, including: • 1.0 g/t Au, 170 ppm As • 0.7 g/t Au, 295 ppm As METALLISRESOURCES.COM • 0.6 g/t Au, 187 ppm As ▪ Multielement Au, Ag, As, Pb, & Zn signature, no sampling for Hg ▪ Receding glacier ▪
Slide 22: Lyons Creek
LYONS CREEK TSX-V: MTS GEOLOGIC TARGET ▪ North-Northeast along the syncline from Terwilligen Creek target area ▪ Eskay Creek stratigraphy: Spatsizi METALLISRESOURCES.COM Formation and Willow Ridge mapped by BCGS ▪ Extensive gossan ▪ Exposed along receding glacier ▪ Largely untested Next Steps: Soil
Slide 23: Prospective Stratigraphy
PROSPECTIVE STRATIGRAPHY TSX-V: MTS METALLISRESOURCES.COM VMS DEPOSITS – WHAT TO LOOK FOR AND WHERE TO LOOK ▪ The stratabound mineralization at Eskay Creek is hosted by the Iskut River Formation and, notably, the mineralized contact mudstone sandwiched between the footwall Eskay Rhyolite member and
Slide 24: Thunder North
TSX-V: MTS METALLISRESOURCES.COM THUNDER NORTH BORDERING GGI’S E&L DISCOVERY 24
Slide 25: Thunder North – Nickel Target
THUNDER NORTH – NICKEL TARGET TSX-V: MTS CONCEPTUAL GEOPHYSICAL TARGET ▪ Ni-Mountain style gabbros, some with PO- CP-PN mineralization, along Kirkham’s Northern Border ▪ E & L’s “Unexplained”, “East”, and “West” ZTEM anomalies extend onto the Kirkham METALLISRESOURCES.COM Property ▪ Four other ‘faul
Slide 26: Coverage & Potential at Kirkham
COVERAGE & POTENTIAL AT KIRKHAM BIG PROPERTY, BIG POTENTIAL TSX-V: MTS ▪ Kirkham Property is 105.6 km2 with only a quarter of that area has been explored ▪ 3.7 km2 of Induced Polarization Coverage ▪ ZTEM coverage across most of the property METALLISRESOURCES.COM ▪ Fourteen named targets within the p
Slide 27: Kirkham – High-Level View
KIRKHAM – HIGH-LEVEL VIEW TSX-V: MTS • BLUE SKY POTENTIAL • Three advanced targets (53 drill holes to date) • Cliff, Miles & Cole • One target is drill ready • King-East • Four geochemically-leading targets METALLISRESOURCES.COM • Nina, King, Terwilligen, & Fewright • Four geophysically-leading targ
Slide 28: Management Team
MANAGEMENT TEAM TSX-V: MTS • Highly experienced management team with past Fiore Aliperti CEO, Director involvement in resource discoveries worldwide, February 2012 – present with recent focus being on the Golden Triangle, British Columbia, Canada; Jon Lever Chief Financial Officer, Director METALLIS
Slide 29: Get in Touch
GET IN TOUCH Fiore Aliperti, President & CEO Peter Oates, Communications www.metallisresources.com www.metallisresources.com E: fiore@metallisresources.com E: peter@metallisresources.com T: 604.688.5077 T: +353 83 4756192 F: 604.688.5017 F: 604.688.5017 TSX-V: MTS OTCQB: MTLFF FSE: 0CVM
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